Sompo Announces Leadership Change in Hong Kong

Sompo is ushering in a new chapter for its Commercial P&C Insurance business in Hong Kong with the retirement of longtime CEO Li Sheung Kin.

Li Sheung Kin (S.K.) will retire as Chief Executive Officer (CEO) of Sompo Insurance (Hong Kong). He has held several leadership roles during his 24-year career with Sompo Hong Kong.

He was appointed CEO in 2016 and has been instrumental in strengthening Sompo’s Hong Kong business. He will remain with Sompo Hong Kong until the end of 2025 to ensure a smooth and seamless transition.

Driving Profitability

Alasdair Walker will succeed Li as CEO of Sompo Hong Kong, subject to appropriate local regulatory and immigration approvals. In his new role, Walker will be responsible for driving Sompo Hong Kong’s profitability and capabilities as a key Commercial business hub in the Asia Pacific region.

He will report into Kenneth Reilly, CEO, Insurance, Asia Pacific and Deputy CEO, Commercial Insurance, Sompo Japan. Walker joined Sompo in 2023 from Allianz where he held positions in London, Johannesburg, and Singapore, and was Regional Head of Distribution.